We must be able to control our emotions and yes we can actually avoid major losses We must remain calm Those who have experienced losses must have a strong mindset and determination to avoid repeating the same mistake Those who have never lost must be vigilant and learn from the mistakes of others
Let me just tell you the truth about trading, it is mostly done by people that are greedy. The greed is not confirmed until they are losing but they continued to trade after years of losses. They can see their mistakes, correct themselves, obey the trading rules, but after they are making money they will begin the mistakes again just because they think they can earn huge amount of money from trading within a short time period. Short term trading is bad.
